MD
Medtronic plc
MDT · Medical Devices
Company brief
MD
MDTMedical Devices$108.2B

Medtronic plc

Global leader in medical technology, services, and solutions with over 95,000 employees serving physicians, hospitals, and patients in more than 150 countries.

Moat score
9.2/100
13F status
Tracking pending
Main Metrics

Beginner valuation check

Price
$77.54
Next earnings
Data pending

Data pending from FMP or Finnhub.

1Y Performance
-12%

Negative price performance shows recent market sentiment, not a full investment thesis.

Forward P/E
13.2x

Forward P/E around 13.2x means investors pay about $13.2 for each expected $1 of future profit per share, usually the next 12 months or next fiscal year. It is a forecast, not a fact.

P/E
21.2x

A P/E around 21.2x means investors pay about $21.2 for each $1 the company earned per share over the last 12 months, usually the last four quarterly reports.

EPS
$3.58
Market Cap
$97.8B
Forward P/E is the cleanest beginner valuation anchor here; compare it with growth and recent performance.

Source: market data index. As of May 21, 2026. P/E can be unavailable or misleading when earnings are negative.

Scenario Framework

Bull / Neutral / Bear

Neutral Case

Medtronic keeps converting its installed base into durable cash flow, while the current forward multiple stays tied to modest growth rather than a big re-rating.

Watch signal

Forward P/E around 13.2x remains broadly aligned with the company’s growth and device-quality profile.

What you own

Medtronic plc is exposure to medical devices operating model with high switching costs and 108% net revenue retention.

Base thesis

Clinical specialists embedded in hospitals create 'stickiness' - customers rely on MDT expertise daily

Main risk

The main question is whether the company can keep customer value compounding without margin pressure eroding the moat.

How to inspect it

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Simulator coverage pending

This ticker has a company brief, but richer workflow modules have not been built yet.

Investor Snapshot
9.2Moat Score
Net Revenue Retention108%
Retention RiskLow
AI Disruption RiskLow
Switching CostsHigh
13F Ownership
Tracking pending

No SEC-backed 13F rows are matched for this ticker yet. We do not fabricate ownership rows.

Investment Thesis
  • Clinical specialists embedded in hospitals create 'stickiness' - customers rely on MDT expertise daily
  • FDA regulatory moats: Each device approval takes 3-7 years and $50M+, creating massive barriers
  • Surgeon training lock-in: Doctors spend years mastering MDT devices, reluctant to switch
  • Mission-critical nature means price sensitivity is low - hospitals pay premium for reliability
  • Integration complexity: MDT systems deeply embedded in hospital workflows and EMR systems
  • AI opportunity: Patient data from 12M+ implanted devices creates unique dataset for ML models